You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行》匯豐研究料內銀次季淨利潤勝首季 惟更偏好內險及內地券商股
匯豐環球研究發表內銀股報告,預測該行覆蓋內銀股第二季淨利潤增長勝第一季,受小於預期的淨息差擠壓、穩定信貸成本及有效成本控制推動。其中淨息差受惠存款再定價及5月的5至25點子存款利率下調,部分抵銷新貸款定價影響。費用收入料受惠堅韌企業業務及財富相關收入,但消費及信用卡敞口較高銀行或面臨逆風。 該行料內銀股季度投資收入按季改善,且會在收入受壓下加快削減員工非固定報酬及行政費用。整體信貸需求展望仍然疲弱,受企業及零售拖累,個別銀行要就貸款組合去風險。資產質素方面,企業不良貸款比率料維持穩定,但零售消費業不良貸款比率或上升,個別銀行或加快壞賬出售或減值,以改善不良貸款覆蓋率。 該行認為,內銀股面對貸款需求維持疲弱,資本注入對每股盈利的攤薄效應在第三季顯現,南向資金或繼續支持內銀股及非銀行金融股股價,但該行目前偏好內地券商及內險股多於內銀股,在本港金融股中偏好港交所(00388.HK)及中銀香港(02388.HK)。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account